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Gut-Renovated Triplex
For Sale
$949,900

6711 S PAXTON Avenue, Chicago, IL 60649

Three spacious apartments feature updated kitchens, designer baths, private laundry, and comprehensive building-system improvements.

Property SizeContact for details
Days on Market190

Property Features for 6711 S PAXTON Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 3 x 4BR/2BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,487

Amenities

in-unit laundry

Building Details

Buildings 1
Listing Agency: Fulton Grace Realty 773-698-6648 Overview Additional information MLS R ID 12603994 Interior features Bedrooms 12 Total Bathrooms 6 Heating Yes Basement Yes Exterior features Other property details Taxes $11,487 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Lawrence Dunning with Fulton Grace Realty 773-698-6648
Listed By: Lawrence Dunning · License #MRD878540
Source: Dawnmckennagroup
Added: Mar 27 Changed: Sep 21 Last Checked: Oct 1 at 6:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace Realty 773-698-6648 Overview Additional information MLS R ID 12603994 Interior features Bedrooms 12 Total Bathrooms 6 Heating Yes Basement Yes Exterior features Other property details Taxes $11,487 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Lawrence Dunning with Fulton Grace Realty 773-698-6648

Investment Insights

Based on property information with market context.

This triplex contains three gut-renovated apartments, each measuring more than 2,000 square feet with four bedrooms and two baths. The property offers 12 bedrooms in total, three shaker-style kitchens with waterfall quartz countertops, six baths with designer finishes, and in-unit laundry. Improvements include new electrical and plumbing systems, high-efficiency heating and cooling, windows, porch, and roof. A tall basement provides additional space, while the first-floor apartment is vacant and the upper two apartments are rented.

The property is located near Jackson Park golf course, the harbor, and the lakefront. The Obama Presidential Center is approximately a 5-minute drive away, and the 63rd Street corridor is described alongside the planned 8-acre Woodlawn Central mixed-use development, which is expected to include a hotel, theater, technology center, retail, restaurants, and residential towers.

Key Highlights

  • Over 6000 square feet with three 2,000+ sq ft apartments
  • Three apartments, each with 4 Bedrooms and 2 Baths
  • 12 total spacious bedrooms and six luxury baths

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply Computer & Electronic Repair HVAC Service Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three spacious apartments feature updated kitchens, designer baths, private laundry, and comprehensive building-system improvements.
Where is this triplex located?
The property is located at 6711 S PAXTON Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Over 6000 square feet with three 2,000+ sq ft apartments; Three apartments, each with 4 Bedrooms and 2 Baths; 12 total spacious bedrooms and six luxury baths
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